08:30 – 09:00 am
09:00 – 11:00 am
II. Opening & Plenary session
11:00 – 11:30 am
COFFEE BREAK + COMMUNICATION
11:30am– 12:30 pm
III. Session 2: The Role of Savings Groups in building assets and financial capability
Savings Groups are one of the fastest growing means to reach individuals excluded from traditional financial services. This has compelled financial institutions to make synergies with entities like Village Community Banks, Village Savings and Loan Association and related Self-help groups. These groups are traditionally trained by non-governmental agencies on given skills to deal with basics financial needs and foster income generating activities (NGOs). Then banks build up on these groups to provide them with schemes including appropriate products and technology in order to bring them into the formal system.
This session will examine the ecosystem of the savings groups' integration to the formal financial system. Discussion will shed lights on regulatory and operational hurdles impacting the stakeholders' actions and initiatives towards customers' financial resilience.
12:30 - 14:00 pm
14:00pm – 16:00 pm
IV. Session 3 : WSBI institutional agenda
The WSBI African members will debate on the WSBI achievement and priorities in areas of interest representation, knowledge sharing, business development and partnership since the last meeting of 2015. A particular focus will be on the iinvolvement in international debates on the development of an inclusive financial sector. This includes the WSBI commitment to the Universal Financial access goal 2020, UN Global Compact, Microcredit Summit, IFC's SME Forum and Child & Youth Finance International. Moreover, participants will have and insights of the business cases on financial education and MSMEs compiled by the working groups formed during the last annual regional meeting in Dar Es Salaam one year ago. The last part of the discussion will be a round table discussion on strategic issues pertaining to participating institutions.
9:00pm - 10:15pm
VI. Session 4 . The Digital Revolution to build bridges in Financial Inclusion
It is widely recognized that digital and innovating solutions have a huge positive impact on the accessibility and usages of transaction accounts. According to the World Bank Group Committee on Payments and Market Infrastructures, a large-volume and recurrent payment streams are leveraged to advance financial inclusion objectives, namely by increasing the number of transaction accounts and stimulating the frequent usage of these accounts.
Furthermore, the Africa continent is known for his successful business models using mobile infrastructure and variety of interoperable access channels to reach out more unbanked.
The debate of this session aims to explore opportunities and challenges of moving towards digital payment system.
10:15 – 10:30
10:30 – 12 :30
How sharia compliant microfinance products and services effectively contribute to create an inclusive society for the unbanked Muslims? This session aims to share practitioners' insight on the most effective business models for the communities in which they operate
VII. CLOSING CEREMONY
Day 3: Wednesday, 1 June 2016
Management training: how being creative in your business model and service delivery can create new opportunities for growth?
Your financial organizations faces stiff competition from other market players. In spite of this situation, new financial institutions continue to enter markets and existing ones continue to grow. It should not be surprising that some potential investors may be planning to open new financial institutions in what you view as an already crowded market. So why new players should be planning to enter a market you view as crowded? They see market gaps that represent opportunities when existing players see competition.
The training Content
Your market presents opportunities for growth but it calls for differently ways of thinking to see opportunities beyond the market you are serving. In other words, being creative in your business model and service delivery can create new opportunities for growth. However, an organization is not a physical object that can be held and moved from point A to point B. Developing an institution is a complex undertaking because an institution is multi-faceted and its growth affects all these facets. A successful manager, therefore, must be able to visualize the key components that drive the institution's success and be able to move them uniformly from point A to point B despite them being visual.
Why should you participate?
You will receive a frame work upon which you will be able to interrogate your businesses and pick up strategic issues that should be addressed to accelerate the growth of the organization in key areas such as growth in profits, deposits, quality loan book, impact and environmental sustainability.
Date: 1st of June, 2016
Length: 1 day: from 9 to 5.30 pm
Presentations, debates and interactive working sessions. The training will also entail a quick needs assessment before or during the day of training to enable the trainer to emphasize on the issues regarded as most critical to their institutions.
Muriithi Kagai is a development economist specializing in development finance and institutional development with over 20 years of working and consultancy experience. He has served in senior management level in the field of development finance mainly in Kenya and the former Yugoslavia republic of Kosovo. He has over 20 years of training & consulting experience in sub-Saharan Africa, Eastern Europe and Asia.
Participation fee: 200 Euros